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Steve Wozniak Believes The Internet of Things Bubble Could Burst

johnbeetem

I just saw this item from Motley Fool:

 

Apple Inc. Co-Founder Steve Wozniak Believes The Internet of Things Bubble Could Burst

 

Here are the "money" quotes:

Speaking at the World Business Forum in Sydney, Australia, Wozniak said, "I feel it's kind of like a bubble, because there is a pace at which human beings can change the way they do things." He pointed out there were "tons of companies starting up," but that some might have overestimated the appeal of connecting everyday objects to the Internet.

 

Wozniak isn't the only one who thinks the IoT market might be getting ahead of itself. At Gigaom's Structure Connect event last October, IBM Vice President of IoT Paul Brody said the market was in "a classic bubble phase," and that most of the data being accumulated on these devices was "useless".

I agree with Woz except that I don't see how the Internet of Digital Things (IDioT) bubble could burst when it hasn't really formed yet as far as real products are concerned.  OTOH, there is a pretty big hype bubble, and that could burst as soon as something else becomes the Next Big Thing.

 

JMO/YMMV

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  • To me the Iot mostly falls into the category of yes we can, but we really should not.

     

    Now for disabled people or people at risk, I can see how keeping tabs on everything they are doing would be needed and a good idea.

     

    For everyday people, face it, our lives are already too complicated and why collect all of this data when you really do not have time to properly analyze it to see what you can do better.

     

    Plus, most of you know, I have HUGE concerns about the potential miss use of the data collected.

     

    I do not know about you, but I really do not want anyone to know be so well that they can predict what I will do next.  Makes me think I am about to be a victim.

     

    So other than some simple items for which the USER has 100% control of the data, I would be very reluctant to let anyone put something into my life where I cannot just turn the Iot connection off and on.

     

    Just my humble opinion.

     

    DAB

Reply

  • To me the Iot mostly falls into the category of yes we can, but we really should not.

     

    Now for disabled people or people at risk, I can see how keeping tabs on everything they are doing would be needed and a good idea.

     

    For everyday people, face it, our lives are already too complicated and why collect all of this data when you really do not have time to properly analyze it to see what you can do better.

     

    Plus, most of you know, I have HUGE concerns about the potential miss use of the data collected.

     

    I do not know about you, but I really do not want anyone to know be so well that they can predict what I will do next.  Makes me think I am about to be a victim.

     

    So other than some simple items for which the USER has 100% control of the data, I would be very reluctant to let anyone put something into my life where I cannot just turn the Iot connection off and on.

     

    Just my humble opinion.

     

    DAB

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